Closures were down 38.8% compared with 2022 while redundancies fell 21.3%, the Centre for Retail Research said. But CRR boss Joshua Bamfield highlighted shops’ increasing costs, staff shortages and falling demand. He said: “This ‘improvement’ is probably best viewed as a trend
IKEA has sent shoppers into a frenzy with a super-sized version of their famous Swedish meatballs, enlarging them to the size of a turkey-just as Christmas approaches. The retail giant posted a video on Instagram showing sauce being poured on top of
A major retailer has recruited a psychic for Christmas – to help customers at a loss for what to buy loved ones. Not On The High Street has taken on renowned psychic, Inbaal Honigman, who claims to accurately reveal the perfect gift
Thailand’s largest department store owner, Central Group, has taken control of the iconic luxury Selfridges department stores after it was hit by a cash crunch. Central Group and Rene Benko’s Austrian real estate company, Signa Group, bought Selfridges in 2021 in a
Leading Brexiteer Lord Frost has weighed in on criticism of Marks & Spencer over its Christmas advert. The Conservative peer said the star-studded campaign – which encourages people to focus on enjoying themselves over the festive season – presents Christmas as an
Eye drops sold across the US have led to serious concerns over the impact they could have if used, with insiders fearing the product could lead to blindness. Shoppers are being told to avoid Equate Hydration PF Lubricant Eye Drop 10 mL,
John Lewis has become the first major UK firm to quit the CBI, sparking a larger exodus from the lobby group. Virgin Media soon followed John Lewis in leaving the CBI after a second allegation of rape emerged. The CBI was already
TK Maxx has hit back at Prince Harry’s claim that he would shop in their “annual sale” as they said it is not something they even offer. The Duke of Sussex released his highly anticipated memoir Spare today, with the book already